Tag: ratified

NFL sets salary cap at $198.2M per team for 2020 season

Following the ratification of the collective bargaining agreement, the NFL has set the salary cap at $198.2 million for the 2020 season.

Sports might have ground down to a standstill around the country as the nation is facing a coronavirus pandemic, however, Sunday has proved to be a huge day around the NFL.

After player voting concluded Saturday evening and the ballots were tallied, the majority has approved the new collective bargaining agreement, which will be in effect through the 2030 NFL season.

Shortly after the ratification was approved, the league announced the new salary cap would be set at $198.2 million for 2020, a $10 million increase from last year but somewhat lower than some initially projected within the range proposed, which could have maxed out at $201.2 million.

This season’s increase marks the seventh year in a row the cap has gone up by at least $10 million but is the smallest since 2013.

The new league year, and the start of free agency, are set to kick off on Wednesday, March 18, but could be pushed back if the league decides to suspend operations as a result of the coronavirus outbreak.

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NFL players vote yes, ratify new collective bargaining agreement

NFL players have voted to ratify the new collective bargaining agreement, which will govern for the next 11 seasons.

NFL players had until 9:00 p.m. PT Saturday to vote on whether or not to adopt the new collective bargaining agreement. After an independent audit of the ballots, the CBA has been ratified by a final vote count of 1019 to 959 and will govern through 2030.

Below is the statement the league issued from commissioner Roger Goodell.

“We are pleased that the players have voted to ratify the proposed new CBA, which will provide substantial benefits to all current and retired players, increase jobs, ensure continued progress on player safety, and give our fans more and better football.  We appreciate the tireless efforts of the members of the Management Council Executive Committee and the NFLPA leadership, both of whom devoted nearly a year to detailed, good faith negotiations to reach this comprehensive, transformative agreement. ”

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